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D-Street is anticipating recovery

Karan DSIJ / Article rating: 5.0

Yesterday’s session proved to be Black Monday for the Indian markets as both Sensex and Nifty glided below their important psychological level of 37,000 and 11,000, respectively. However, the bulls on D-Street would attempt for revival on Tuesday, aided by the joyful mood amongst the global peers.

A gloomy beginning of August month

Karan DSIJ / Article rating: 5.0

The bulls finally halted its upward run as on July 31, 2020 post recording gains for six successive weeks. Last week, Nifty and Sensex descended by 120 points and 421 points, respectively. The fall of 4.51 per cent in the Bank Nifty acted as the biggest thorn in the flesh resulting into a market correction.